Non VAT registered business

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    Profile photo of foroswebgratis
    foroswebgratis
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    Hi
    I was wondering if there is anyone on here who works part/full time but has their own business they run in their own time.
    Is it possible to do this and have a non-VAT registered business you run in your own time? With getting paid from your regular job, is this classed as separate from the business so you can still have a turnout over up to 50,000 EURO, it would just need declaring for income tax?
    Is there a guide anywhere about doing this? I’m going to see an accountant next week but just want to know if its even worth doing. If you do this, what do you need to do for your business such as records, tax you pay, etc.?
    Any advice would be greatly appreciated. Probably stupid questions but I just want to see if this is even an option.
    Thank you


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